check out the chart
Commentaire:
see what i mean? it hit south to the 618 FIB level but not exactly at 1.55839 but slightly higher at 1.61837 and rebounded. That is what I meant using FIB level as a guide and not precise science else many opportunities would be missed
What is a 'Gravestone Doji'
A gravestone doji is a type of candlestick pattern that is formed when the opening and closing price of the underlying asset are equal and occur at the low of the day. The long upper shadow suggests that the day's buying buying pressure was countered by the sellers and that the forces of supply and demand are nearing a balance. This pattern is commonly used to suggest that the direction of the trend maybe be nearing a major turning point.